Kashmiri farmers pack winnowed rice grain in bags after a harvest on the outskirts of Srinagar Sept 22, 2020. (Reuters file photo)
MUMBAI/HANOI: Vietnam, the world’s third biggest exporter of rice, has started buying the grain from rival India for the first time in decades after local prices jumped to their highest in nine years amid limited domestic supplies, four industry officials told Reuters.
Indian traders have contracted to export 70,000 tonnes of 100% broken rice for January and February shipments at around $310 per tonne on a free-on-board (FOB) basis, the industry officials…
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